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$202,000

NAL Estimated Property Value

12633 Memorial Drive 225, Houston, TX, 77024

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths904 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.49 / sqft
Year BuiltBuilt in 1969

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1969
Stories1

Land Information

APN1118290210007
SubdivisionThe Pines Condo
Land UseResidential
Legal DescriptionUNIT 225 BLDG W .002736 INT COMMON LAND & ELE THE PINES CONDO
Census Tract430900
Assessed Land Value$37,882
Assessed Improvement Value$161,499
Assessment Year2025

About this property

Location Location Location !!! An address on Memorial Dr, less than one mile to City Place and all of their amenities, Memorial City Mall is also close by. Spring Branch ISD, this includes Memorial High School. The home itself is a very nice downstairs unit in the back of the complex. Light and bright with ceramic tile throughout. Two bedroom two baths. In this community the water and electric are included in the rent. Two swimming pools, mature pine trees all around, peaceful easy feeling.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,159
$199,381
2025
$37,882
$161,499
$199,381
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,159
$199,381

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
N/A
+$1,600/mo
9.5%

City: Houston